Managing Director, Senior Portfolio Manager, Athletes & Entertainers Consultant, Porter Axelson Bremner Group, UBS Financial Services, Inc.
Think how big and liquid the Treasury bond market is? If the 10 year Treasury moves like it has ( down 50 bps plus) then the market is telling you what is to come. At some point in 2024 the Fed starts to lower the Fed Funds rate. Investors need to plan now for what is to come 12 months from now. The risk reward on high quality short term bonds is the best it has been in a decade ( not money market).
